For growing nonprofits seeking a scalable, friendly solution to better manage their fundraising and fund accounting, OneNFP (offered as Financials Standard or Financials Lite) is a great option to evaluate. This nimble, web-based system takes advantage of existing cutting-edge technologies and solutions to provide a comprehensive platform that can manage of everything from fundraising efforts to accounting, reporting, and daily administration.
OneNFP is, at it's core, a fund accounting solution. It's built on Serenic Navigator, an industry powerhouse that currently supports more than ten thousand users across the globe in some of the world's biggest nonprofits. With this solid and reputable foundation, OneNFP scales easily, making it a great option for smaller nonprofits looking for a solution to grow with their organization.
Features in the Fund Accounting module include core accounting, budget control, time and expense tracking, and batch allocations, among others. The software workflow is also designed to protect users from problematic errors, with an automated approval process and billing history that's stored forever.
Another benefit of OneNFP is its deployment. Like many solutions on the market today, OneNFP lives in the cloud, and sits atop the powerful, reliable Microsoft Cloud. This eliminates the time (and costs) associated with maintaining your own hardware and backups, while also offering a huge degree of mobility; once deployed, OneNFP can be accessed from anywhere, including smartphones and tablets, so users can access live, real-time data from anywhere.
We usually recommend OneNFP Essentials to nonprofits with less than $50M in operating budget, and the system can flex to support a variety of nonprofit types: animal welfare, environmental, faith-based ministries, human services, and more.
Sharon from The Center for Biological Diversity
Employees number: 51-200 employees
Easy to use for recording/posting donations received and posting EFT's in accounts payable module.
The reverse function is very convenient when you make a mistake on the journal entries.
And I use the history function a lot and sort by the date/document number or description.
All journal entries show up on the bank reconcilation under the deposits column whether they are a debit or credit.
Sabine from World Wide Web Foundation
Employees number: 11-50 employees
Possibility for comprehensive analysis of data thanks to the dimension and funds structure. Forces one to apply a consistent logic.
Reporting formats still require a lot of manual intervention. Especially on a MAC the reporting is only working based on xls downloads. Budget still complicated to be added and to be compared to. Proposal/Grants function not yet set up. One does need to understand the backbone (administration) of this software in order to ensure that it works correctly.
Nancy from Horry County Disabilities & Special Needs
Employees number: 201-500 employees
Probably my favorite features are the ease with which to import Journals for posting (i.e. Sales Journal, Cash Receipts Journals, Journal Entries, etc.). I love how easy it is to export data. Another favorite feature is the ability to set up recurring vendor invoices and customer sales invoices. All of these features are such time savers on day to day entries, and also allows for consistent posting (cuts down on misposts). Recently started using the Post/Email feature for customer invoices and Emailing ACH remittance advices on vendor payments. Love this feature. Bank reconciliations are a breeze. I love the Jet reports feature, some reports are still a challenge to create (I find it easier to use templates already set up). Customer support has been great at customizing/tweaking some reports and some functions to work better for our needs. Some of the enhancements have really helped streamline our workload. The beginning bugs/frustrations have all been taken care of and we (myself and one staff) are actually loving the software now. We have been able to streamline our day to day operations so much with the functions that I mentioned in this post.
Although some of their reports are very nice to have, I am still disappointed that this system does not provide a Trial Balance in the format that I need to see it. It does not have a basic trial balance all on one page in a format that CPA's and auditors like to see. It prints each department on a separate tab of the workbook and it downloads with cells merged, etc. which makes it time consuming to copy and paste everything onto one sheet to get it the way that I need it. Right now, I just download all GL entries to Excel and create my own Trial Balance the way that I need to see it. I do NOT find the software to be user friendly (i.e. there is no user guide and not much in the way of on screen help). I usually have to contact support each time I want to do something I haven't used before... or am not sure if it's available. I prefer to look things up in a manual or help guide... but I rarely find what I'm looking for in the limited help guide they have online. I always try to wing it first because I am a hands on do it yourself personality... but usually end up contacting support to find out what I'm doing wrong. They really need to establish a good user guide.